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In June 2007, a private equity firm, Cerberus Capital Management, acquired Remington Arms for $370 million, including $252 million in assumed debt. It became part of the company's Freedom Group. Remington was millions of dollars in debt and did not report a profit from 2003 to 2005. [3] In 2015, the Freedom Group was renamed Remington Outdoor ...
Protection of Lawful Commerce in Arms Act; Other short titles: Child Safety Lock Act of 2005: Long title: An Act to prohibit civil liability actions from being brought or continued against manufacturers, distributors, dealers, or importers of firearms or ammunition for damages, injunctive or other relief resulting from the misuse of their products by others.
The rifle became one of Remington's most successful firearms and quickly lent itself to developments of many sub-variants, including the Remington 700 BDL, Remington 700PSS for police and law enforcement agencies (the rifle, later renamed 700P, is very popular among law enforcement agencies) and the military M24 SWS, which was the United States ...
The current owners of Remington Firearms, RemArms, blamed “production inefficiencies” for the plant closure in a Nov. 30 letter to union officials. They cited the high cost of maintaining and ...
On March 7, 1888, ownership of E. Remington & Sons left possession of the Remington family and was sold to new owners Hartley and Graham of New York, New York, and the Winchester Repeating Arms Company of New Haven, Connecticut, at which time the name was formally changed to the Remington Arms Company. [8] Remington, in addition, was one of the ...
The Remington Rand Building at 315 Park Avenue South in New York City is a 20-floor skyscraper completed in 1911. [1] After 1955, Remington Rand had a long series of mergers and acquisitions that eventually resulted in the formation of Unisys. During World War II, Remington Rand produced M1911 pistols used by the United States Armed Forces.
RemArms operates Remington Firearms, [51] licensing use of the Remington brand name from Vista Outdoor. After shutting down due to Remington's bankruptcy, the Lonoke ammunition plant was retooled in early 2021, ramping up production and running around-the-clock. [52] The company doubled the number of workers at Lonoke, employing over 900 people ...
Remington Outdoor Company, an American firearms manufacturer and holding company, 2007–2020; E. Remington and Sons, an American manufacturer of firearms and typewriters, 1816–1896; Remington (personal care brand), an American manufacturer of shavers and haircare products, founded 1937; Remington College, an American chain of private schools
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